Today's article brings to light the limitless potential of new technology to disrupt traditional ways of doing business, analyzing performance & human structures supporting it, along with the key role Finance can play & a special flavor from O2C.
by Evelyne Legaux on 16-11-2022
The past few years have clearly evidenced that, to be financially healthy & thrive through uncertain times, companies need to develop a mature & sustainable Working Capital management (WCM) strategy across the entire Cash Conversion Cycle (CCC). Doing so however comes with a diverse set of challenges among which getting the many functional groups involved to und...
Today's article aims at sharing latest developments in the complex area of trading risks with Credit & O2C Finance professionals, while raising awareness of Credit insurance still an effective risk-transfer tool at their disposal in today's world.
by Evelyne Legaux on 18-10-2022
According to a recent survey conducted by @Mazars, 92% of CEOs are optimistic about their ability to grow revenue, while 86% are confident in their resilience against crisis! Performance improvement & ESG strategy – along with other external factors – are set to drive the transformation agenda of companies over the next 3 to 5 years, as ...
This article aims at providing practical advice to and sharing thoughts with Credit & Order to Cash Finance professionals on how to best manage B2B cash Collections in a challenging & ever-changing trading environment.
by Evelyne Legaux on 15-09-2022
Truth is the Perfect Storm goes on and on … As the world attempts to fully recover from two years of Covid-19 pandemic crisis, deal with the dramatic consequences of the conflict in Ukraine, climate change, inflationary pressures at an all-time high & a new recession looming, cash Collections professionals...
This article aims at putting the spotlight on the all-important human aspect of Digital transformation, and help Finance leaders & teams on the ground navigate the depth of change impact involved & address the ‘Fear factor’.
by Evelyne Legaux on 14-07-2022
What does it Take for a Digital transformation project to Succeed? Do you know that 70% of such projects fail? That’s a daunting figure… According to subject matter experts, companies must have 5 fundamental change blocks in place to succeed: Strategy & digital Mindset à clarity abou...
This article aims at raising awareness about strong Cash culture being paramount to taking Cash visibility to the next level. It also touches on why getting Treasury to deliver strategic value minimizes risks associated with business transformation.
by Evelyne Legaux on 15-06-2022
One thing that the pandemic crisis achieved in just a few months was to highlight the criticality of having a sustainable Working Capital management strategy in place across the Cash Conversion Cycle, to survive not only that crisis but all future ones alike....
This article aims at helping raise awareness of profound changes affecting Working Capital management, within the community of O2C & Credit professionals, and how those changes ultimately align with the evolving purpose of the wider Finance function.
by Evelyne Legaux on 17-05-2022
The 4th technological Revolution is here! You may have heard or read this lately, and it is indeed everything but a joke… The Covid-19 pandemic crisis has been a significant accelerator of Digital Transformation for businesses, by creating an unprecedented need for most people to work remotely. ...
The purpose of this month’s article is to provide Credit & Order to Cash (O2C) professionals with a fresh look at Credit risk management on the backdrop of change & global uncertainty.
by Evelyne Legaux on 14-04-2022
The global Landscape – What it means for O2C & Credit professionals A few months ago, it was already clear that, although political leaders & public actors around the planet were sharing the goal of overcoming the pandemic crisis, the world had nonetheless failed to become more peaceful & stable. Today...
by Evelyne Legaux on 15-03-2022
So, here we are again! Back in spring 2020 when the pandemic first hit, content about how to navigate a never seen before-type crisis was flourishing across social-media platforms. Two years on and just as the world was finally getting back to some kind of normality, an unprecedented war in Europe broke out causing a catastrophic humanitarian crisis, indescribable destruc...
by Evelyne Legaux on 02-03-2022
The more I talk to small business owners & entrepreneurs in my network, the more aware I become of the need to ‘educate’ people on what ‘Order to Cash (OTC)’ is all about. Nothing surprising here, since OTC is a recent enough terminology primarily used by MNCs & other large organisations. So, what is OTC? A...
Learn how the world of Treasury & Working Capital is deeply shifting
by Evelyne Legaux on 16-02-2022
The pandemic crisis has highlighted the criticality of sustainable WCM & elevated Cash to a Board-level topic. As such, it has prompted the need for better Cash visibility & triggered beneficial side-effects, such as: >> bringing to the fore the role o...
by Evelyne Legaux on 03-02-2022
Well, at first glance 2022 is shaping up to be a mixed bag… At macro-economic level, the picture looks rosy: +5% global GDP growth outlook with many parts of the world bouncing back, emerging countries due to grow faster than the more advanced ones, inflation levels expected to moderate in the second-half of the ye...
by Evelyne Legaux on 19-01-2022
We were very pleased last month with the results of our Poll question ‘Do you incorporate ESG-type criteria into your customer Credit risk assessment methodology / scoring model?’ It is very encouraging & refreshing to know that a comfortable majority of respondents out there (62%) have taken on b...
by Evelyne Legaux on 16-12-2021
With climate change & supply chain disruptions high on many businesses’ agenda, new risks are emerging that drive the need to elevate topics such as resilience & sustainability to top priority level. Many manufacturing companies experience disruption to their operations due to bottlenecks & delays in the supply chain o...
by Evelyne Legaux on 30-11-2021
It is a great honour indeed to feature in last Sunday’s edition of the Business Post and a real reward to contribute to the recognition of Credit teams’ excellence in Ireland à see here: Credit...
by Evelyne Legaux on 24-11-2021
A few years ago, “digital transformation” was barely heard of, or was perceived as a nascent thing possibly worth looking at in the distant future. In today’s world however, these two words are to be found everywhere we look & in every piece we read. According to Enterprise Ireland, 80% of 2,000 recently surveyed businesses responded that going digital was a defini...